100: Financial Boundaries

The Wealthy Mom MD Podcast with Dr. Bonnie Koo | Financial BoundariesHave you ever been asked to give money? This might be a family member or friend asking you directly to borrow money, or for you to help them out. Or it could be more implied, like someone suggesting you should pay for something because you’re the “rich friend” who can afford it, and you feel like others are expecting you to pay. This is where financial boundaries come in.

This has happened to all of us, especially as physicians. And if these situations leave you feeling annoyed, resentful, or even guilty, we need to talk about your financial boundaries because this is going to keep happening as you become more successful.

If you have a hard time saying no when it comes to giving money, tune in this week to discover how to start enforcing your own financial boundaries. We can’t control other people, but we can decide how we want to deal with these situations when they come up, and I’m showing you how in this episode.

If you're ready to take control of your money and practice medicine on your terms, you need to check out Money for Women Physicians. Click here to learn more!

What You'll Learn from this Episode:

  • What boundaries are, and how they translate for financial boundaries.
  • Why we often find enforcing our financial boundaries awkward.
  • How boundaries are just for you, not a manual for how other people should act.
  • Why it’s totally up to you to decide what constitutes a boundary violation for you.
  • How to come up with and enforce your own financial boundaries.

Listen to the Full Episode:

Featured on the Show:

 

Get started on creating wealth. Get my book -- Defining Wealth for Women.

 

WMMD